from the Daily Bell. "The missing piece from the economic recovery has finally materialized. Median household income, adjusted for inflation, is now higher than it was before the recession that began at the end of 2007, according to new data published by Sentier Research." –Yahoo So incomes are rising again. Presumably, this is supposed to mean ... MORE
Showing posts with label recovery. Show all posts
Showing posts with label recovery. Show all posts
How The Media Is Lying To You About Economic Recovery
from the Daily Bell. "The missing piece from the economic recovery has finally materialized. Median household income, adjusted for inflation, is now higher than it was before the recession that began at the end of 2007, according to new data published by Sentier Research." –Yahoo So incomes are rising again. Presumably, this is supposed to mean ... MOREClaire Bernish: What Happened When Gloucester, Mass. Stopped Arresting Drug Addicts, And Offered Help Instead
Government as public servants, what a novel idea. Situated on the coast of Massachusetts, Gloucester’s claims to fame include its status as “America’s original seaport,” as well as being the real-life location on which events in the movie The Perfect Storm (2000) were based. Now, the small town has a new reason to be the center of attention: ... MOREU.S. Economic Growth Nearly Grinding To A Halt
by Chico Harlan. The U.S. economy ground nearly to a halt in the first three months of the year, according to government data released Wednesday morning, as exports plunged and severe winter weather helped keep consumers indoors. The gross domestic product grew between January and March at an annualized rate of 0.2 percent, ... MOREKatie Kieffer: Next Time, Try Rogaine
How to not share the hair. “Desperate” is not disguising a bald spot with spray paint or treating a thinning scalp with Rogaine; desperate is murdering over a lock of human hair—and unemployed Americans are growing desperate. Despite Michelle Obama’s claim that her hubby unleashed a “huge recovery,” the only visible recovery is on ... MOREToo Many Federal Regulations Stifling Economic Recovery
by Thomas J. Donohue. How do regulations stifle innovation? Let me count the ways. Across our economy, and in sector after sector, regulations put a stranglehold on innovation – in some cases stopping advancement in its tracks and in others preventing it from happening in the first place. Overregulation is a millstone around the neck of ... MOREVIDEO: More Companies Closing Than Opening
Obamanomics: Crushing private enterprise with regulation.
Brian Domitrovic: Inequality Is The Child Of Fiat Money
The Federal Reserve is the problem. For a while there, it looked like the 2012 election was going to be a referendum on economic inequality. This would have been weird, in that economic growth and its twin, employment, are the clear issues of choice in these years of torpid economic recovery. Had President Obama succeeded in making ... MORE
Obama's Energy Policy Led To Higher Gas Prices
by Dave Juday. At Tuesday night’s debate, President Obama said gas prices were under two dollars per gallon when he took office because the “economy was on the verge of collapse.” And that if Mitt Romney were elected he “could bring down gas prices, because with his policies we might be back in the same mess.” The inference of President Obama’s ... MOREGovernment Spending Cuts Are Bad For The Economy?
by Tyler Watts. “Looks like I picked the wrong week to quit amphetamines,” laments the gruff air traffic controller played by Lloyd Bridges in the ribald disaster-spoof Airplane! Facing the tense situation of helping a nerve-wracked pilot safely land a large passenger jet, “Steve McCroskey” could get a performance boost by popping some pep ... MOREGene Healy: Take Me Down To The Parasite City
The District is blooming. Have you seen the latest jobs report? Major buzzkill: creeping unemployment, anemic growth, and the recovery's totally stalled. But not here: The District is booming! "Washington may have the healthiest economy of any major metropolitan area in the country," says New York Times D.C. bureau chief David Leonhardt in Sunday's ... MOREKatie Kieffer: Where Is John Galt? Part Two
Entrepreneurs must take action. Part One is here. Now. And by ‘action,’ I mean protesting the federal government’s unconstitutional taxes and regulations. Or, the guilt is theirs if the economy tanks. Luckily, entrepreneurs have two role models to help them develop action plans: John Galt and Steve Jobs. Last week, I wrote that in order ... MOREKatie Kieffer: Where Is John Galt?
Where is a man who can save us? A man of virtue and action who can rebuild our economy and culture? We must find a true-to-life John Galt. I think America’s best shot at economic recovery and restoring constitutional freedom is to nurture men and women who emulate the virtues of John Galt, a hero in Ayn Rand’s magnum opus novel, ... MOREPeter Schiff: Economic Reality Bites
The hangover is setting in. Many people became convinced that data releases earlier this year indicated that "recovery" in the U.S. was imminent. But as I have been saying for months, this evidence would ultimately be shown to be as reliable as sightings of Bigfoot. Lots of people claim to say they have seen it, some even produce plaster footprints, but in the ... MOREPeter Ferrara: Obama's Unemployment Rate Stuck At 11%
America's decline is not inevitable. This latest recession started in December, 2007. Since the Great Depression 75 years ago, recessions in America have lasted an average of 10 months, with the longest previously lasting 16 months, not counting this latest spooky downturn. The National Bureau of Economic Research, the recognized scorekeeper of when ... MOREPeter Morici: Discouraged Americans Quit Looking To Work
Despair is setting in. The economy added 115,000 jobs in April -- much less than expected and not enough to keep up with natural population growth. The unemployment rate fell to 8.1% because another 522,000 adults quit looking for work and are no longer counted. In the weakest recovery since the Great Depression more than four-fifths of the reduction in ... MOREAnthony Randazzo: No, This Is Not A Housing Recovery
Those saying we're in a housing recovery are wrong. We have not reached the bottom of the housing market. I hate to say it. I really do hate to always be the pessimist. And I don’t say this because I’ve been steeped in a couple decades' worth of bitterness as a Red Sox fan. The numbers are just not adding up to recovery. It is all the rage these ... MOREInvestors Business Daily: Fed Looks To Print More Money
More Fed meddling won't help. The media have busied themselves with touting the big economic rebound they see brewing in the U.S. We hope they're right. But if they are, why is the Federal Reserve getting ready to print even more money? The media argument goes like this: After years of struggling, the economy is finally churning out jobs. Last month ... MORE
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